US Housing Inventory Rises 7.4% in October, Realtor.com Reports
- U.S. active housing inventory rose 7.4% year over year to 1,183,500 homes in October 2026 despite fewer new listings.
- Homes under contract fell 10.5% year over year as 30-year mortgage rates averaged 7.33%, pressuring buyers' purchasing power.
- New listings dropped 7.5% year over year to 357,000, the steepest annual decline of the year.
- The national median listing price fell 2.2% year over year to $415,000, marking the 12th consecutive annual decline.
- Sellers largely stayed on the market, with a 4.4% delisting rate; price cuts affected 20.5% of active listings.
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